Lehtimaki v Children’s Investment Fund Foundation [2018] EWCA Civ 1605.
Court: UK Supreme Court | Area of Law: Private Client Trusts and ProbateWill Henderson acted for the independant trustees in the potentially game-changing case of Lehtimaki v Children’s Investment Fund Foundation [2018] EWCA Civ 1605. The Court of Appeal held that, at least where they were few in number, members of charitable companies owed fiduciary duties to the charity and could not vote in their decisions unless they had acted or were threatening to act improperly. At the time of writing there is an outstanding application for permission to appeal to the Supreme Court.
Please click here to view the judgment.